Drift hack recovery opened near one cent per dollar lost

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Drift Protocol opened DFX claims and redemptions on October 1, giving victims of its April exploit a way to receive USDT from the Recovery Pool. The initial payout rate is about 0.0104 USDT per DFX, representing approximately 1.04% of the corresponding loss, from a pool holding roughly 3.1 million USDT. The fixed allocation stands at nearly 299.5 million DFX, corresponding to nearly 299.5 million USDT in verified losses. Tether has committed up to 127.5 million USDT for relaunch and user recovery, plus up to 20 million USDT from strategic partners. The DFX claim window closes January 1, 2028 at 00:00 UTC.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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